Tensions rise as Iran’s Strait of Hormuz leverage raises concerns for global economy

Iranian and Middle Eastern Studies Centre Director Sahar Razavi discusses Iran’s leverage over the Strait of Hormuz.

“Their leverage over the Strait of Hormuz has been quite a boon for them, and it has accrued a lot of benefits by being able to put pressure on the global economy and to a certain extent on the Trump administration,” Ms Razavi said.

“Not only through its strikes on GCC countries, but also the political consequences for Donald Trump could be quite dire as we move closer toward the midterm elections here in the United States.”